Updated on January 9, 2023 12:50 PM
Questions have been raised in the weeks after the bankruptcy of the cryptocurrency exchange FTX, ranging from Sam Bankman Fried firm's risk management procedures to who would be the next domino to fall.
Despite mysterious Twitter threads, it would be the former FTX CEO's first public appearance since he applied for bankruptcy protection for his failed crypto enterprise.
According to a press release from the New York Times, the annual DealBook Summit is scheduled to take place on November 30 in New York City. According to the conference website, Bankman-Fried, New York City Mayor Eric Adams, BlackRock CEO Larry Fink, former Vice President Mike Pence, Treasury Secretary Janet Yellen, Ukrainian President Volodymyr Zelensky, and others will be interviewed or speaking at the summit.
"I'll be speaking with @andrewrsorkin at the DealBook summit next Wednesday (11/30)," - Tweeted SBF.
On Wednesday, Andrew Ross Sorkin, the creator, and editor-in-chief of DealBook at the New York Times announced on Twitter that he would be interviewing the founder of the now-defunct FTX on November 30.
"A lot of folks have been asking if I would still be interviewing SBF at the NYTimes Dealbook Summit on November 30," he said. "The answer is yes. There are a lot of important questions to be asked and answered."
As FTX, once among the biggest cryptocurrency exchanges in the world, is mired in bankruptcy procedures and government investigations, Bankman-Fried tweeted about appearing at the occasion.
FTX said on November 11 that, together with trading company Alameda Research, West Realm Series, and 130 related firms, it had filed for Chapter 11 bankruptcy. A few days before, it had claimed that it had struck an agreement to be bought by another cryptocurrency exchange, Binance. However, Binance later withdrew the offer, citing concerns it had discovered during its due diligence.
According to a recent story from FOX Business, the Delaware court heard testimony at FTX's first bankruptcy hearing on Tuesday on the effects on millions of customers.
SBF's public personality has been relatively subdued as FTX and other organizations fell apart last month, and Bankman-Fried quit as CEO. He has chosen to engage in lengthy Twitter threads and communication with reporters via direct messaging rather than making frequent television appearances.
It has caused problems to have that social media presence. Bankman-"incessant Fried's and disruptive tweeting," according to FTX's attorneys, was undermining their restructuring efforts, they said in court records. Due to "conflicts," the law firm Paul Weiss announced that it had ceased representing Bankman-Fried.
Before the exchange operator's FTX and Bankman-Alameda Fried's Research investment arm had billions of dollars in financial relationships that concerned investors and brought down Bankman-empire, Fried's doubts were being raised about the exchange operator's extensive activities.